Tony Elumelu marks birthday with renewed commitment to empower 3,200 African entrepreneurs across 54 countries

In a determination to reaffirm his committedness to empowering African entrepreneurs, Chairman of Heirs Holdings, UBA Group and Founder of the Tony Elumelu Foundation (TEF), Tony O. Elumelu, CFR, has announced 3,200 beneficiaries for the 2026 TEF Entrepreneurship Programme.

The announcement, made successful Abuja, coincides with the philanthropist’s yearly reflection connected impact, purpose, and the transformative powerfulness of entrepreneurship crossed the African continent.

In his yearly letter, Elumelu emphasised that accidental and prosperity tin beryllium intentionally created and scaled, saying, “Hope is not conscionable a feeling, it is simply a strategy we tin build”. This underscores his long-standing content successful Africapitalism, the doctrine that Africa’s backstage assemblage indispensable thrust economical and societal development.

This year’s cohort of 3,200 young entrepreneurs, selected from crossed each 54 African countries, volition each person $5,000 successful non-refundable effect capital, alongside entree to mentorship, concern training, and TEF’s proprietary integer platform, TEFConnect.

Read Entire Article